Business

The Value Chain in making products

The following is a standard value chain of most manufactured products. This will hopefully dispel the myth that making a product is a creative process. Anyone who is successful in this sector will know that […]

Business

Standard Industry Categorization System

Out of 625 industries listed in the South African Standard Classification of Industries, 191 fit the profile of which small businesses are able to operate. However this is based on potential and there may not […]

Business

Trustee

What is a ‘Trustee’ A trustee is a person or firm that holds and administers property or assets for the benefit of a third party. A trustee may be appointed for a wide variety of purposes, […]

Best practice

Key facts about India’s handicraft Industry

  Key Facts Of Indian Handicrafts Industry India’s rich cultural diversity and heritage provides a unique and huge resource for developing craft products. The Indian Handicraft Industry is showing continuous growth rate of 20% every […]

Business

Business Ethics

The value and principles that inform people to do business in a way that is honest, fair, decent and respectful. For a more comprehensive resource on Business Ethics, visit The Ethics Institute. Click on button […]

Business

Business Infrastructure

Infrastructure is the basic physical systems of a business or nation; transportation, communication, sewage, water and electric systems are all examples of infrastructure. Discuss the financing and writing off of the costs with your accountant or tax consultant, […]

Business

Business Objectives

Business goals and objectives are part of the planning process. They are describe what a company expects to accomplish throughout the year. Business owners usually outline the broad brush objectives and then zoom into the detail. Take the trouble to understand your […]

Business

Business Plan

A business plan is a written document that describes in detail how a business, usually a new one, is going to achieve its goals. A business plan lays out a written plan from a marketing, financial and operational viewpoint. Sanlam has a […]